Similar Law. We hereby acknowledge that no transfer of any Class Note shall be permitted to be made to any transferee unless either (i) such transferee is not acquiring the Class Note with the assets of any Plan or (ii) the acquisition and holding of such Class Note will not constitute or result in a nonexempt prohibited transaction under Section 406 of ERISA or Section 4975 of the Code or Similar Law.
Appears in 4 contracts
Samples: Indenture (Carmax Auto Funding LLC), Indenture (Carmax Auto Funding LLC), Indenture (Carmax Auto Funding LLC)
